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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (16318)	3/10/2000 5:55:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

book on MO is understated...my guess is that the Gen. Foods/Kraft part could be spun off at more than you pay for MO now. once the class action suit is history, i expect just such a spin-off. note that the CEO recently bought big...23 m. bucks worth of shares, and he paid more than i did. their cash flow is enormous...it's probably the biggest corporate cash cow on the planet. the news situation is so bad, it can probably only get better. i agree, they could go much lower in a BK. but i'm playing things both ways. if we do get a BK, my hedges will more than make up for my potential losses. in the meantime i'm buying whatever looks attractive to me. a mixture of trash and value stocks...whichever scenario develops, i have some eggs in every basket.